Don’t delay: it’s time to adopt SA-CCR

May 7, 2018Josh Galper

The Standardised Approach to measuring counterparty credit risk (SA-CCR) was proposed in 2014 by the Basel Committee as an alternative to the Current Exposure Method (CEM) for measuring derivatives risk. While not perfect, the SA-CCR represents a substantial advance over the CEM and should be adopted in all jurisdictions. Delays have already led to unnecessarily weakened listed derivatives liquidity. This trajectory can be reversed but requires action.This content requires registration. Get access today by signing up here.